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it. >>> again today the crowds are still demanding that president mohammed moed morsi step down. latest from cairo. >>> free market capitalism is the best bet for -- i don't think we should be raising taxes at all. but that's my point of view. i'm kudlow. we'll be right back two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. . >>> tens of thousands of protesters are still surging around egypt's presidential palace. nbc reporter joins us now with the details. good evening, eamon. >> reporter: the media is reporting that the country's commission has ordered a vote scheduled to begin tomorrow in embassies around the world on the country's draft constitution to be postponed
with silver as well. generally getting that china boost. >>> still to come, egyptian president morsi has returned to work just a short time ago after leaving the palace during protests last night. we'll be in cairo with the latest after this. >>> plenty to remind you what's coming up in the show. today we're going to be in singapore to find out why one in ten companies thinks asia is the place to be for the rising movie industry. cet will head out to washington as president obama is pushing forward his tax for the wealthy agenda. george osbourne is going to update today. the chancellor will have his work cut out to meet his target of eradicating the federal deficit by 2015 as well as securing a fall to gdp ratio. also expected further pressure with a cut to its growth forecast. steve is braving rather inclement british winter weather outside the houses of parliament. >> lovely. >> i know you like it. how much is it going to be raining on george osbourne's parade? >> it's going to rain on his parade. you just nailed it, ross. three things which are going to come up today, which he has ver
of a standoff continuing at the moment. >> this started when mr. moore ci morsi saying its new constitution would be shielded from >> the situation started on the 22nd of november when morsi issued this decree virtually exempting all presidential decrees from judicial oversight. morsi has said this was necessary to speed up constitutional process. he may well have been right in saying that, but the draconian nature of the decree certainly wasn't perceived by his opponents has really set this up. so therefore the situation has escalated to the point where opposition elements are now viewing the judiciary as really kind of the last bastion of not the old regime, but the last bastion. >> seen as an attempt to implement islamic agenda? >> it may well be the start of that. the language if you look at the constitution is not explicit, though i think there are concerns about how that will be interpreted. i think some of the lapse has been loosened at bit. there are new instances that mf-the perception is that some of the protections in the language have been taken away leaving it open to a greater
. >> and has it down 23%. thank you. >>> egypt's president mohamed morsi fleeing the palace today. all of this as the backlash to the new sweeping power he is granted himself bubbles over. we'll take you live next to egypt for the latest developments on this important story. stay with us. >>> also ahead, netflix stocks sky is rocketing today in the wake of its licensing deal with disney. how big of a deal is this for netflix, and is it a stock to own? stay with us on that. >>> later on, bracing for a catastrophe. allstate estimating hurricane sandy will cost it over $1 billion, but will the impact on the fiscal cliff be even worse? the head of allstate is with me sitting down for a cnbc exclusive coming up in a few minutes. don't miss it. back in a moment. [ male announc] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our
will be relevant. >>> protesters in cairo have been expressing anger saying a nationally televised speech by morsi offered nothing concrete to diffuse the worst political crisis in nearly two years. >> mohamed morsi addressed the nation, trying to soften his position that has angered protesters over the last several days. in fact one of the sticking points that has been fueling these proce protests has been a decision that was issued by morsi. today he tried soften his position by saying that his decisions were in fact subject to judicial review, but he also wanted to try to solve then other positions that have been fueling some of the protests. he said the constitutional referendum scheduled for december 15th would go ahead as planned, but if it fails, there would be a new assembly. more importantly, he's now reaching across the political divide to meet with some of the country's political opposition figures. they say they will not necessarily meat with the president until that decision, at least that decree, is rescinded. they're still going ahead with calls for friday's million man march and ou
in egypt. but it just seems to me that morsi is turning out to be a radical. he wants sharia law to replace the secular state. he is not in favor of personal freedoms. he is not going to have a constitution that favors the kind of freedoms we thought they were going to go for. morsi's going to be a bad guy, is he not, marc? we'll have to contend with somebody -- >> larry, are you surprised? are you shocked? should anyone be shocked that the muslim brotherhood is after almost 60 years of waiting in the wings trying to finally seize power, trying to use the leverage of power, has bought off the army by candy-coating constitutional provisions to create a military state within a state? i'm not surprised at all. >> if he loses the referendum -- he's got a referendum. he says he's going to allow the referendum on december 15th. if he loses that referendum which ain't all that great for the constitution, but if he loses it, do you think he'll overturn it and just hold on to power as a dictator? >> i don't think in the end he's going to lose it because in the end, the muslim brotherhood has the gro
protesters reportedly forcing president mohamed morsi to flee the palace. the latest on the story coming up next. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on
government that comes into power to more or less stick to the plan morsi set out. on the other hand, there's always spain, the worries that with 25% unemployment, that you would see the default rate particularly on residential mortgages shoot up, it's 3% now, which is pretty amazing given the struggles within the economy, but we think it will go up somewhat, but really not any more than people have already priced in. >> and then ten year yields, 5.24%. at the moment, relatively speaking, pretty comfortable. >> maybe a little bit too comfortable and we certainly don't want to get complace complacent.yields are where they were say in march of this year and then subsequently they shot up to 7.5%. we know with the draghi put that that won't happen, but we don't want to think that there is only one way -- >> yesterday said, look, sort of the idea of the risk on phrase, certainly for -- he was looking at it from credit markets, but would stay on until the middle >> i think lite bit more selective. it won't be just everything goes up now. we have to start thinking about companies and sectors agai
president mohamed morsi's power grab. we've seen what he's done over the last couple of weeks. these protests are in response to several decrees issued by morsi that gives him near absolute power. last night an estimated 10,000 people crowded in the center of alexandria. tens of thousands rallied in tahrir square. and 100,000 demonstrated in front of the presidential palace. >>> and back here in tus, a busy economic calendar. we get the adp employment report, which is -- i don't know whether it's better or worse now. we'll see. >> they're looking at -- oh, private payrolls. >> coming in at 125 in private jobs. >> 79,000 or 80,000, which was closer to the total number. >> we must still be losing government jobs. 8:30 eastern, a revision to third quarter productivity and costs. and then later this morning, a november ism number, but it's nonmanufacturing. here's a few early stocks to watch. facebook is going to join the fa face the nasdaq indix. pandora media is lowing its fourth quarter guides. they are worried about the fiscal cliff. shares dropped after hours. that's not wher
Search Results 0 to 8 of about 9

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